Roper Technologies (NYSE:ROP) stated on June 10, 2021 that stockholders will receive a dividend on July 23, 2021. The stock will thereafter go ex-dividend one or more business day(s) prior to the record date. Roper Technologies’ ex-dividend date is slated for July 7, 2021. At current prices, the company’s current dividend distribution is $0.56, equivalent to a dividend yield of 0.5 percent.
Ex-dividend dates indicate when a company’s stock will no longer trade with its existing dividend payouts. Prior to the announcement of fresh dividends, there is a little pause. The ex-dividend date of a company is usually one business day before the record date. When buying stocks, investors should keep this in mind because buying them on or after ex-dividend dates does not entitle them to the announced dividend. Dividends declared after the ex-dividend date are paid to shareholders who owned the shares before the ex-dividend date. On a quarterly basis, firms usually announce and execute new dividend yields.
Roper Technologies’ dividend distributions have increased over the last year, while yields have decreased. The company’s payout was $0.51 last year on July 7, 2020, and it has subsequently raised by $0.05. Roper Technologies’ dividend yield was 0.51 percent last year, but it has subsequently dropped by 0.01 percent. Dividend yields are used in a variety of ways by businesses. Some businesses may choose to reinvest their earnings instead of paying out dividends. To manage how their shares move across the stock market, other corporations may choose to boost or decrease their yield amounts.
To learn more about Roper Technologies’ prior dividends, click here.

Follow Benzinga on Twitter, Facebook, and Instagram for the latest financial news, exclusive stories, and memes. Subscribe to our YouTube channel for the finest interviews, stock market talk, and videos.
Benzinga.com, 2021. Benzinga does not offer financial advice. All intellectual property rights are reserved.

Articles Related to This/nRead More